Sala, Hector; Trivín, Pedro - In: SERIEs : Journal of the Spanish Economic Association 5 (2014) 2/3, pp. 197-221
The Spanish labour market disproportionately booms in expansions and bursts in recessions; meanwhile, its regions' relative position persists: those with the highest unemployment rates in 1996 were also in the worse position in 2012. To examine this twofold feature, we apply Blanchard and Katz's...